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03/17/2008 08:45 AM

Intel Leads Green Power Buyers

SustainableBusiness.com News

In response to EPA's nationwide challenge issued in December 2006, 53 Fortune 500 companies led by Intel Corporation (NasdaqGS: INTC) are now collectively purchasing more than six billion kilowatt-hours (kWh) of green power annually.

These purchases surpassed the goals set by EPA's Green Power Partnership and equal the avoided carbon dioxide emissions of more than 570 million gallons of gasoline each year or the equivalent amount of electricity needed to power nearly 670,000 average American homes annually.

EPA Administrator Stephen L. Johnson said, "By voluntarily shifting to renewable energy, EPA's environmental partners are proving you don't need to wait for a signal in order to go green."

Intel Corporation now leads the nation among EPA Green Power Partners as the top buyer with a purchase of 1.3 billion kilowatt-hours per year.

Cisco Systems (NasdaqGS: CSCO) and Kohl's Department Stores (NYSE: KSS) recently made sizable purchase increases to place them at seventh and eighth on the list, respectively. Rounding out the top ten green power purchases are Starbucks (NasdaqGS: SBUX) and DuPont Company (NYSE: DFT).

EPA's Green Power Partnership works with more than 850 partner organizations to buy green power voluntarily as a way to reduce the environmental impacts associated with conventional electricity use and to support the development of new, renewable generation resources nationwide. Overall, EPA Green Power Partners are buying more than 13 billion kWh of green power annually.